EUR bulls safe above 1.3630

EUR has reversed losses after testing 1.3500 support and now it is back to the SMA200 resistance at 1.3650. We have also a diagonal resistance line somewhere around 1.3670 and we need to break above the 1.3670 to progress to 1.3740-50. Continuation to 1.3805 is less possible but not impossible. Downside will be restored once the pair breaks below 1.3590. Between 1.3620 and 1.3650 the pair is locked and sideways movements can be expected. GOLD is blocked by the 1254-1258 resistance area. A



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